HK Stock Market Move | INNOSCIENCE (02577) rose by over 5% again, comprehensively winning the administrative lawsuit against Infineon Technologies regarding two key gallium nitride patents.

INNOSCIENCE (02577) rose by over 5%, with a 4.13% increase at the time of writing, reaching HK$66.85 and a trading volume of HK$251 million. On the news front, on April 24th, INNOSCIENCE made significant progress in the field of patent litigation with two patent administrative litigation victories from the Beijing Intellectual Property Court. The court upheld the validity of two core GaN technology patents of INNOSCIENCE and dismissed the invalidity lawsuit filed by Infineon, marking another major victory for INNOSCIENCE in these key administrative litigations. It is worth noting that Google recently launched its two new products, the TPU 8t designed for AI model training and the TPU 8i optimized for inference. TPU is the core of AI computing, with GaN being the key power device for efficient power supply to TPU clusters, supporting high computing power and low energy consumption in AI infrastructure. According to INNOSCIENCE's 2025 report, revenue from sales of GaN modules in the period amounted to 4.462 billion yuan, a 142.6% increase compared to the previous year.